Start with its own history
At 10.90×, CHMG is 12.2% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NASDAQ · CHMGBanks - RegionalUpdated Nov 5, 2026
Chemung Financial Corporation P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
10.90×
12.2% belowthe 10-year annual average
Share price86.88
÷Earnings per share7.97
Price and EPS in quote currency. Calculation details
Investors are paying 10.90 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 12.42×
3-year average12.37×3 positive annual observations
5-year average10.56×5 positive annual observations
10-year average12.42×10 positive annual observations
Peer median · TTM11.37×8 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 17.83× | +81.2% |
| Dec 31, 2024 | 9.84× | +4.3% |
| Dec 31, 2023 | 9.43× | +26.0% |
| Dec 31, 2022 | 7.48× | -9.1% |
| Dec 31, 2021 | 8.24× | -2.7% |
| Dec 31, 2020 | 8.47× | -36.1% |
| Dec 31, 2019 | 13.24× | +30.1% |
| Dec 31, 2018 | 10.17× | -54.3% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 22.27× | +29.3% |
| Dec 31, 2016 | 17.23× | +25.3% |
| Dec 31, 2015 | 13.75× | -9.0% |
| Dec 31, 2014 | 15.11× | -17.3% |
| Dec 31, 2013 | 18.27× | +45.5% |
| Dec 31, 2012 | 12.56× | +32.8% |
| Dec 31, 2011 | 9.46× | +17.7% |
| Dec 31, 2010 | 8.04× | -43.0% |
| Dec 31, 2009 | 14.10× | +63.6% |
| Dec 31, 2008 | 8.62× | -37.9% |
| Dec 31, 2007 | 13.89× | -21.6% |
| Dec 31, 2006 | 17.71× | +2.6% |
| Dec 31, 2005 | 17.26× | +22.3% |
| Dec 31, 2004 | 14.12× | -30.4% |
| Dec 31, 2003 | 20.27× | +24.7% |
| Dec 31, 2002 | 16.27× | +16.8% |
| Dec 31, 2001 | 13.93× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How CHMG compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 CHMG This stockChemung Financial Corporation | 10.90× |
 CZFSCitizens Financial Services, Inc. | 9.75× |
 CFFIC&F Financial Corporation | 12.03× |
 FDBCFidelity D & D Bancorp, Inc. | 12.63× |
 FRAFFranklin Financial Services Corporation | 11.51× |
 FVCBFVCBankcorp, Inc. | 11.22× |
 MRBKMeridian Corporation | 8.78× |
 CBNAChain Bridge Bancorp, Inc. | 10.23× |
 OVLYOak Valley Bancorp | 12.56× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does CHMG’s P/E tell you?
Compare like with like
The median of the 8 positive peer ratios above is 11.37×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take CHMG into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("CHMG", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 86.88 ÷ EPS 7.97 = 10.90×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
CHMG P/E ratio: common questions
The essentials behind the numbers.
Chemung Financial Corporation's current P/E is 10.90× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.